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SSS releases P257 billion in benefit payments

State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

SSS offers loan condonation program

State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

FACT CHECK: SSS has no ongoing scholarship program

The Social Security System warns the public about fake posts bearing the agency’s logo that contain suspicious links promoting an alleged scholarship program.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

SSS surpasses 2023 target

State-run pension fund Social Security System saw its net income reach a record P83 billion in 2023 on the back of the mandatory contribution hike and the increase in new members......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SSS revenue soars to P362 billion in 2023

The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

SSS savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

They treated me like an animal- how Filipino domestic workers become trapped podcast

Migrants from the Philippines make up a huge percentage of domestic workers around the world. But when their employers are abusive, visa restrictions force them to choose between enduring more suffering or becoming illegal. By Margaret Simons Continue reading........»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare

Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

DOLE to employers: Excuse working parents during measles vaccination drive

The Department of Labor and Employment (DOLE) encouraged private companies to allow employees accompanying their children during the nationwide Measles-Rubella and Bivalent-Oral Polio Vaccine immunization to be excused from work......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Philippine employers warned against inflating job titles

“Hiring professionals solely based on their desire for a grandiose title rather than their suitability for the position could lead to the company experiencing poor performance, increased turnover and wasted resources.“.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Philippine employers warned against inflating job titles

“Hiring professionals solely based on their desire for a grandiose title rather than their suitability for the position could lead to the company experiencing poor performance, increased turnover and wasted resources.“.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Philippine employers warned against inflating job titles

“Hiring professionals solely based on their desire for a grandiose title rather than their suitability for the position could lead to the company experiencing poor performance, increased turnover and wasted resources.“.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Employers must expand compensation, benefits to attract top talents — report

With the year 2023 serving as a "great recovery period" for companies, an employment platform said that this year, they should improve their compensation and benefits to attract better talents......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

‘Informal workers to benefit from P100 wage hike’

Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Senators defend P100 wage hike

Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

House not keen on backing Senate’s wage hike

Officials of the House of Representatives are not keen on supporting the Senate-approved P100 legislated wage hike, citing reasons such as the capacity of employers to implement the measure......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Philippine firms want workers to return to the office

The Philippines has the second highest number of employers in Asia-Pacific requiring a full return to the office in the pandemic aftermath, according to tech giant Cisco,.....»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Group welcomes ratification of ILO C190

Employers and trade unions welcomed the decision of the Senate last December to ratify a convention emphasizing the importance of safety and security of Filipino workers......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Pag-IBIG to increase member contributions in February 2024

MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Pag-IBIG rate increase gets FFW’s support

Pag-IBIG Fund secured the support of the Federation of Free Workers, one of the country’s top labor organizations, in its plan to increase the nearly four-decade-old mandatory monthly savings rate for both members and their employers starting January 2024, officials said Monday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024